FinTech systems and services vendor Broadridge Financial Solutions is expanding its professional services practice, which focuses on regulatory, operational and business transformation challenges, and has hired Erik DiGiacomo to lead the practice, officials say. In his new role as head of Broadridge’s professional services practice, DiGiacomo will expand the practice, “leveraging a growing team and… Read More >>
Michael Atkin: ‘DCAM Harmonizes the Data for the Prime Goal’
Non-profit trade association, the Enterprise Data Management (EDM) Council has just released the Data Management Capability Assessment Model (DCAM), a collection of best practices for the management of data across an enterprise. The new DCAM documentation is intended to help firms “align data across multiple internal repositories in order to operate more efficiently and meet… Read More >>
Electra Tackles Month-End Recs Problem
For some reconciliations professionals working in post-trade operations, it can seem like some jobs just don’t end when they’re supposed to. This is especially true when it comes to performing month-end reconciliations, where back-dated transactions from prime brokers and other counterparties can often come through days or even weeks after the actual end of the… Read More >>
CFTC Roundtable to Focus on DCO Wind-Down
CFTC staff members will be holding a public roundtable on March 5, 2015, from 9 a.m. to 5 p.m., to cover issues related to the “recovery and orderly wind-down of derivatives clearing organizations (DCOs),” officials say. The roundtable will be an opportunity for the regulator to gather input from stakeholders such as DCOs and their… Read More >>
Wolters Kluwer Adds OneSumX Strategy VP
Wolters Kluwer Financial Services reports that industry veteran Richard Reeves has joined as vice president of strategy for its governance, finance, risk and compliance (GFRC) solution suite, OneSumX. Reeves will “work directly with Wolters Kluwer Financial Services’ product management, sales, marketing and business development teams to help customers across the globe utilize OneSumX to address… Read More >>
SS&C GlobeOp Helps Funds Meet AIFMD Deadline
January 2015 marked not only the beginning of a new year, but the beginning of a new regulatory reporting regimen for fund managers — at least for those active in Europe. The January 31 deadline for filing of the Alternative Investment Fund Manager’s Directive (AIFMD) Annex IV reporting requirement was most fund managers’ first brush… Read More >>
GoldenSource EDM Embraces Avox LEI APIs
GoldenSource, a provider of enterprise data management (EDM) solutions for the securities and investment industry, reports the integration of its EDM platform with Avox Ltd.’s Web-based application programming interfaces (APIs). Avox, which provides Legal Entity Identifier (LEI) standard reference data, recently launched a series of Web-based APIs for LEIs, legal names, addresses, industry classifications and… Read More >>
DTCC’s LEI Utility Hits a Milestone
DTCC officials report that the Global Markets Entity Identifier (GMEI) utility, a local operating unit (LOU) of the growing global Legal Entity Identifier (LEI) system, has issued approximately half of all LEIs registered so far, or 165,000, to entities from more than 140 jurisdictions. The GMEI’s progress reflects the growth of the global machinery behind… Read More >>
Is Your Firm Maximizing its Data Center?
While some financial services firms may never have heard of the Uptime Institute before, there’s a good chance they depend on Uptime’s work to ensure the smooth functioning of their IT systems and data centers. That’s because Uptime, an international IT advisory organization, is responsible for evaluating the resiliency of data centers the world over… Read More >>
Scivantage Adds Two EVPs
FinTech vendor Scivantage has appointed Amit Basu as executive vice president (EVP) for professional services and delivery, and Alex Sauickie as EVP for business and technology operations, officials say. The move comes as Scivantage nears its 15th anniversary. “This is a milestone year for Scivantage, and we are committed to improving and expanding our offerings… Read More >>
